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<br />premiums, if any, or any sums payable by Borrower to Lender in lieu of the payment of Mortgage
<br />Insurance premiums in accordance with the provisions of Se�tion 10. These items are �alled "Escrow
<br />Items." At origination or at any time during the t�m of the Loan, Lender may require that Comm�mity
<br />Association Dues, Fees, aad Assessments, if any, be escrowed by Boaower, and such dues, fces and
<br />assessments shall be an Escrow Item. Borrower sha11 promptly furnish to Lender all notices of amounts to
<br />be paid under this S�tion. Borrower shall pay Lender the Funds for Escrow Items unless Lender waives
<br />Borrower's obligation to pay the Funds for any ar a11 Escrow Itemis. Lender may waive Borrowei's
<br />obligation to pay to Lendet Funds for any ar all Escraw Items at any time. Any such waiver may only be
<br />in writiag. In the event of such waiver, Borrower shall pay directly, when and where payable, the amou�tc
<br />due for any Fscrow Itenas for which payment of Funds has been waiverl by Lender and, if Lender requires,
<br />shall furnish to Lender receipts evidencing such payment within such time period as I,ender may require.
<br />Borrower's obligation to make such payments and to provide receipts shall for all purposes be deemed to
<br />be a covenant and agreement containeri in tlus Security Insh�ument, as the phrase "covenant and agreeme�t"
<br />is used in Section 9. If Borrower is obligated to pay Escrow Items directly, pursuant to a waiver, and
<br />Borrower fails to pay the sinount due for an Escrow Iteno, Lender may e�ercise its rights under Section 9
<br />and pay such amount and Borrower shall then be obligated under Section 9 to repay to Lender any such
<br />amount. Lender may revoke the waiver as to any or a11 Escrow Items at any time by a notice given in
<br />accordance with Se�tion 15 and, ►�pon such revocation, Borrower shall pay to Lender all Funds, and in
<br />such amow�ts, that are then required under this Section 3.
<br />Lender may, at any time, colle�t and hold Funds in ffi ffinount (a) sufficient to permit Lende� to aPP
<br />the Funds at the time ape�ified tmder RESPA, and (b) not to exceed the maximum amount a lender can
<br />require under RESPA I.ender shall estimate the amount of Funds due on the basis of current data and
<br />reasonable estimates of expenditures of future Escrow Items or otherwise in accordance with Applicable
<br />I.aw.
<br />The Funds shall be held in an institution whose deposits are insured by a federal ageaicy,
<br />instrumentality, ar entity (including Lender, if Lender is an institution whose deposits are so insured} ar in
<br />any Federal Home Loan Bank. Lender sha11 apply the Funds to pay the Escrow Items no later t�n tha time
<br />specified under RESPA Lender shall not charge Borrower for holding and applying tha Funds, annually
<br />analyzing the escrow accowrt, or verifying the Escrow Items, unless Lender pays Boaower intarest on the
<br />Funds and Applicable Law permits Lender to make such a charge. Unless an agreement is made in writing
<br />or Applicable Law requires interest to be paid on the Funds, Lender shall not be required to pay Borrower
<br />any interest or earnings on the F�mds. Borrower and Lender can agree in writing, however, that int�est
<br />shall be paid on the Funds. I.ender shall give to Borrower, without charge, an annual accounting of the
<br />Funds as requirefl by RESPA.
<br />If there is a surplus of Funds held in esaow, as defined under RESPA, Lender shall accaunt to
<br />Borrower for the excess funds in acxordance with RESPA If there is a shortage of Funds held in escrow,
<br />as define� tmder RESPA, I,ender shall notify Borrowe� as re�uired by RESPA, and Bonower sball pay to
<br />Lender the amount ne�essary to make up the shortage in accordance with RESPA, but in no more than 12
<br />monthly payments. If there is a deficiency of Funds held in escraw, as defined under RESPA, I,ender shall
<br />notify Bonower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make
<br />up the deficiency in accordance with RESPA, but in no more than 12 monthlY P�•
<br />Upon payment in full of all sums se�ured by this Security Instrument, Lende� shall promptly refimd
<br />to Bonower any Fwids held by Lender.
<br />4. Charges; Liena. Boirower shall pay all taxes, assessments, charg�es, fines, and impositions
<br />attn'butable to the Pro�riy which c�n attain priority over this Security Instnm�ent, leasehold gayments or
<br />ground rents on the Properiy, if any, and Community Association Dues, F�s, and Assessments, if any. To
<br />the extent that these items are Escrow Items, Borrower shall pay them in the manner pravided in Sedion 3.
<br />2200155211 D V6ANE
<br />N�tiASKA - Single Family - Fannle Mae/Freddle Mac UNI�RM INSTRUM6�T WITH MFRS
<br />�-6A(NF� (oe�o1 Peee 5 0� �s i� �11, ,g Form 3028 7/07
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